About Advanced Systek
Advanced Systek is a company based in Vadodara (India) founded in 1988 was acquired by General Electric in March 2012.. The company has 160 employees as of April 05, 2024. Advanced Systek offers products and services including Batch controller – SmartLoad ®, Earthing Relay, and STM (Smart Terminal Manager). Advanced Systek operates in a competitive market with competitors including Honeywell, CG Power & Industrial Solutions, Schneider Electric, Danfoss and Rockwell Automation, among others.
- Headquarter Vadodara, India
- Employees 160 as on 05 Apr, 2024
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Sectors
Industrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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- Legal Name Advanced Sys-Tek Limited
- Date of Incorporation 16 Mar, 1988
- Jurisdiction Vadodara, Gujarat, India
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Annual Revenue
$17.11 M (USD)0.79as on Mar 31, 2023
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Net Profit
$1.58 M (USD)88.44as on Mar 31, 2023
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EBITDA
$2.01 M (USD)-4.29as on Mar 31, 2023
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Latest Funding Round
- Investors
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Employee Count
160
as on Apr 05, 2024
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Acquired by
General Electric
(Mar 26, 2012)
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Products & Services of Advanced Systek
Advanced Systek offers a comprehensive portfolio of products and services, including Batch controller – SmartLoad ®, Earthing Relay, and STM (Smart Terminal Manager). The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Manages batch processes for efficient industrial operations.
Ensures safe earthing in automation and terminal systems.
Streamlines terminal management for enhanced productivity.
Funding Insights of Advanced Systek
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Advanced Systek
Advanced Systek has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include General Electric. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Diversified operations are conducted across multiple industries worldwide.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Advanced Systek
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Advanced Systek
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Advanced Systek Comparisons
Competitors of Advanced Systek
Advanced Systek operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Honeywell, CG Power & Industrial Solutions, Schneider Electric, Danfoss and Rockwell Automation, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Diversified electronics and automation equipment are manufactured and supplied.
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Manufacturer of Industrial and Consumer Electric Equipment
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Energy management and automation solutions are provided globally.
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Manufacturer of energy efficiency products
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Industrial automation and information systems are provided to global industries.
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Automation and engineering services are provided for multiple industries.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Advanced Systek
When was Advanced Systek founded?
Advanced Systek was founded in 1988.
Where is Advanced Systek located?
Advanced Systek is headquartered in Vadodara, India. It is registered at Vadodara, Gujarat, India.
Who is the current CEO of Advanced Systek?
John Flannery is the current CEO of Advanced Systek.
How many employees does Advanced Systek have?
As of Apr 05, 2024, the latest employee count at Advanced Systek is 160.
What is the annual revenue of Advanced Systek?
Annual revenue of Advanced Systek is $17.11M as on Mar 31, 2023.
What does Advanced Systek do?
Advanced Systek offers Batch controller SmartLoad , Earthing Relay, STM (Smart Terminal Manager) while focusing on industrial goods and manufacturing, industrial automation equipment, horizontal, and manufacturers. Advanced Sys-tek Pvt. Ltd. Home. Delivering reliable solutions, it emphasizes quality, efficiency, and meeting diverse client needs.
Who are the top competitors of Advanced Systek?
Advanced Systek's top competitors include Honeywell, CG Power & Industrial Solutions and Schneider Electric.
What products or services does Advanced Systek offer?
Advanced Systek offers Batch controller – SmartLoad ®, Earthing Relay, and STM (Smart Terminal Manager).
Who are Advanced Systek's investors?
Advanced Systek has 1 investor. Key investors include General Electric.
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